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Australia and Oceania Graphic Design Photo Editing Publishing Software Web Design

Canva Raises USD $200M in Funding; Valued at USD 40 Billion Valuation

– Canva – a global visual communications platform based in Sidney, Australia – raised USD $200m in a funding round which valued the company at USD $40b.
– The round was led by T. Rowe Price with participation from new and existing strategic investors Franklin Templeton, Sequoia Capital Global Equities, Bessemer Venture Partners, Greenoaks Capital, Dragoneer Investments, Blackbird, Felicis, and AirTree Ventures.
– The company intends to use the funds to accelerate growth, including expanding its team of more than 2,000 employees, which it is expected to double in the year ahead.

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Developer Tools Information Technology Internet North America Product Design Software Web Design

Anima, a no-code tool that turns designs into code, raises $10 million Series A

– Anima, a YC-backed platform that turns designs into code, has raised $10m in Series A funding.
– The round was led by MizMaa Ventures with participation from INcapital and Hetz Ventures.
– The company plans to use the funding to triple the size of the team and build integrations with platforms like Figma, Sketch, etc. and GitHub so that Anima itself can effectively get out of the way, allowing designers and developers to hand off these elements in the platforms where they already live.

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Artificial Intelligence Machine Learning Mobile Apps Software UX Design Web Design Web Development Western Europe

Uizard Raises $15M in Series A Funding Led by Global ScaleUp Investor Insight Partners

– Copenhagen-based Uizard, the world’s first AI-powered digital design assistant for non-designers, announced that it has raised $15m in Series A funding.
– The funding was led by New York-based global private equity and venture capital firm Insight Partners, with participation from Mariano Suarez-Battan, CEO and Co-Founder of Mural, and existing investors byFounders, LDV Capital and av8 Ventures.
– Uizard will use the funding to grow its marketing and commercial teams and hire new talent globally, with a focus on Europe.

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Brand Marketing Consulting Information Services Information Technology Internet North America Web Design

Bounteous Receives Strategic Investment From New Mountain Capital

– Bounteous, a Chicago, IL-based insights-driven digital experience consultancy, received an investment from New Mountain Capital.
– The amount of the deal was not disclosed.
– The company intends to use the funds to make strategic investments in talent, new service offerings, and the Co-Innovation enablement methods that it uses to drive clients’ digital transformation programs.

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Developer Tools Product Design UX Design Web Design Western Europe

zeroheight raises $10M round led by Tribe Capital to scale DesignOps for UX teams

– Zeroheight, a DesignOps platform for UX teams, raised $10m in Series A funding.
– The round was led by Tribe Capital, with participation from Adobe, Y Combinator, FundersClub and Expa, as well as angel investors including Tom Preston-Werner (co-founder of GitHub), Bradley Horowitz (VP Product at Google), Irene Au (built and ran UX design for Google) and Nick Caldwell (VP Engineering at Twitter).
– London-based zeroheight will now expand to the San Francisco/Bay Area, and grow the team across the board.
– Its focus so far has been on UX documentation, but it will now also explore other areas such as closing the gap between design and development.

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E-Learning Internet North America Software Web Design

Tovuti Raises $8M in Series A Funding

– Tovuti, Inc., a Boise, Idaho-based SaaS learning management system provider.
– The company raised $8m in Series A funding.
– The round was led by Blueprint Equity and ScOp Venture Capital.
– The new investment will be used to continue to grow its engineering, development, and client support teams throughout to better serve customers, add new software features and scale the business.

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Analytics Information Technology Internet North America Software Web Design Web Development

Cube Dev Raises $15.5 Million to Help Companies Build Applications with Cloud Data Warehouses

– Cube Dev announced $15.5m in funding to scale go-to-market activities and accelerate the development of its first commercial product that helps customers build applications powered by cloud data warehouses with greater speed and flexibility.
Decibel led the Series A round with Bain Capital Ventures, Betaworks and Eniac Ventures participating, bringing Cube Dev’s total funding to $23.6m.
– Cube Dev offers a headless abstraction layer between cloud data warehouses and data applications. This dramatically reduces application development time from weeks to hours.
– Demand for these kinds of capabilities continues to grow, as analysts forecast the global cloud database and DBaaS market size to grow from USD 12.0 billion in 2020 to USD 24.8 billion by 2025, a Compound Annual Growth Rate (CAGR) of 15.7%.

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E-Commerce North America SaaS Web Design Web Development

Shogun Lands $67.5M Series C Round

– Shogun, a leading e-commerce experience platform, today announced that it has raised a $67.5 million Series C round of funding.
– The round was led by new investor Insight Partners, with participation from existing investors Initialized Capital, Accel and VMG Partners.
– This brings the company’s total funding to $114.5 million.

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Developer Tools Internet Mobile North America Software Web Design Web Development

Duda Raises $50M in Series D Funding

– Duda, a Palo Alto, Calif.-based professional website builder for digital agencies and SaaS companies, raised $50m in Series D financing.
– The round was led by Claridge IL with participation from existing investors Susquehanna Growth Equity and Vintage Investment Partners.
– The company intends to use the funds to develop new products and features, and expand investments across all departments, including R&D, sales, and marketing.

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Content Marketing Developer Tools Enterprise Enterprise Software Publishing Software Web Design Web Development Western Europe

Vev Raises €5M in Seed Funding

– Vev is an Oslo, Norway – based collaborative visual editor for professional developers, designers and content creators to build and launch interactive websites and digital content.
– The company raised €5m in seed funding from EQT Ventures with participation from existing investors, Sagene Tech Ventures and Skyfall Ventures.
– The new investment will be used to launch its platform to the public, invest in product development, and scale its commercial team.

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GovTech Information Services Information Technology North America Web Design Web Development

CivicPlus Raises $290M in Funding

– CivicPlus, a Manhattan, Kan.-based provider of cloud-based software for local governments, raised $290m in funding.
– The round was led by Insight Partners.
– The company intends to use the funds to accelerate the marketplace impact of its Civic Experience Platform.

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Corporate Training E-Learning Education Graphic Design North America Software Web Design

RLG Capital & Trinity Private Equity Group Invest Further with eLearning Brothers’ Acquisition of The Game Agency

RLG Capital & Trinity Private Equity Group today announced new investment in learning platform company eLearning Brothers to support the acquisition of The Game Agency – an industry leader in game-based learning technology and content.
– A new Senior Debt facility was provided by Key Bank N.A.
– The investment and acquisition enable eLearning Brothers to further establish itself as the leading eLearning Platform and validates the company’s vision and industry leadership.
– “The Game Agency’s flagship product, ‘The Training Arcade’ as well as its gamification platform ‘Arcades’ provide instant value to the eLearning Brothers Platform,” states Mark Nelson, Partner at RLG Capital.
– “Our initial expectation for growth with last year’s investment has been more than validated and we are very keen on the potential for eLearning Brothers.

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Blogging Platforms Content Internet North America SaaS Software Web Design

Squarespace Raises $300M at $10 Billion Valuation

– Squarespace, a NYC-based website building and ecommerce platform, raised approximately $300m in funding at an enterprise valuation of $10b.
– The round includes new investors Dragoneer, Tiger Global, D1 Capital Partners, Fidelity Management & Research Company, funds and accounts advised by T. Rowe Price Associates, Inc. and Spruce House with participation from existing investors Accel and General Atlantic.
– The company intends to use the funds to expand operations and its business reach.

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Europe Internet Productivity Tools Software Web Apps Web Design Web Development

Rows Raises $16M in Series B Funding

– Rows.com (previously dashdash) is a cloud platform-based spreadsheet for developing business tools.
– Company raised $16m in Series B funding.
– The round was led by Lakestar with participation from Accel and Cherry Ventures, as well as new angel investor Christian Reber, CEO of Pitch, who joined the Advisory Board.
– The company intends to use the funds to expand operations and to build out functionality.

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